Exco & Hgi Jv Assets recorded a decrease of 2.91% in total oil and gas production to 117.03 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Exco & Hgi Jv Assets declined 15.48% in August 2021 from 138.46 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production decreased by 20.53% from the same period in 2020.
The company’s oil production declined 6.8% to 34.53 bd in August 2021 from the previous month, while gas production stood at 0.48 mmcf/d. On a YTD basis, oil production decreased by 22.69% in 2021 when compared with the same period in 2020, while gas production declined by 19.11%. Out of the total oil and gas production in August 2021, oil production held a 29.51% share, while gas production held a 70.72% share.
Looking at the states where Exco & Hgi Jv Assets recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 117.03 boe/d in the state in August 2021, a decrease of 2.91% from the previous month.
On a YTD basis, the company produced 912.3 boe/d in Texas in 2021, recording a decrease of 20.53% from the same period in 2020.
Exco & Hgi Jv Assets witnessed the highest oil and gas production in Irion county in August 2021. Out of all the counties, Irion county held a share of 88.6% for the firm. The company produced 103.69 boe/d in Irion county in August 2021, a decrease of 2.98% in production when compared with the previous month.
On a YTD basis, the county produced 806.98 boe/d for the company in 2021, a 22.35% decrease from the same period in 2020.
Methodology
All publicly announced wells data are included in this analysis, which is drawn from GlobalData’s USL48 database that provides insights into oil and gas permits and wells as disclosed by state ministry sites.
GlobalData collects the latest production data and analyses the trends when it is made available for public disclosure by state ministries. Differences, if any, between the period of activity and the article date may be attributed to delays in the issuance of data.
